Ever since the Great Recession officially ended five years ago, the New Jersey economy has been lagging behind the rest of the nation, but new data suggests the Garden State may finally be turning a corner.
“We added 31,200 jobs in 2014, but it looks like we’ll add 56,000 in 2015, so that is almost a doubling. The key metric for evaluating the state economy in an up-to-date manner, is monthly payroll employment,” said James Hughes, dean of the Edward J. Bloustein School of Planning and Public Policy at Rutgers University.